Expert Option vs Bybit
Expert Option | Bybit |
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3.5
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3.1
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Traders from US not accepted
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Traders from US not accepted
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Expert Option is an offshore broker that offers a simple and intuitive trading experience through a bespoke, user-friendly platform. Short-term traders can access 100 popular assets via binary options contracts with payouts up to 95%, free educational resources, and market data available to upper-tier account holders. |
Bybit is an established crypto exchange aimed at online traders. Clients can speculate on leading tokens like Bitcoin, access crypto staking and loans, or trade NFTs using the firm's digital marketplace. Millions of users have signed up with the firm since it launched in 2018. |
Customer Reviews | |
5
Based on 12 Expert Option customer reviews
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Bonus Offer | |
100% deposit bonus | Up To 4030 USDT Welcome Bonus |
Comment by Reviewer | |
"Expert Option will suit aspiring traders who want to access the financial markets through an options broker with a very easy-to-learn bespoke platform. The user-friendly day trading platform is clear and reliable." | "Bybit is a good choice for active traders who want a fast and straightforward way to buy crypto tokens and trade crypto derivatives." |
Pros | |
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Cons | |
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Instruments | |
Options, Stocks, Commodities, Forex, Crypto, Futures, | Cryptos, Futures |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$10 | $0 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
$1 | 0.001 Lots |
Regulator | |
SVGFSA | |
Margin Trading | |
No | Yes |
STP Account | |
No | Yes |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | Yes |
Robo Advisor | |
No | No |
Negative Balance Protection | |
No | No |
Market Maker | |
No | No |
P2P Trading | |
No | Yes |
Spot Trading | |
No | Yes |
Mobile Apps | |
iOS & Android | Yes (iOS & Android) |
App Review | |
Expert Option has an unusual mobile trading offering in that it balances education with trading, potentially serving new traders. However, our tests reveal very basic quizzes and learning materials that barely scratch the surface of binaries. The ‘Tap Game’ is also gimmicky and does little to serve serious traders. |
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Android App Rating | |
4.2 |
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iOS App Rating | |
2.5 |
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Auto Trading | |
ExpertBot | Via 3rd party software |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
You can study and copy the positions of established VIPs to increase potential returns. Users can find master traders based on asset class and historic returns. A useful leaderboard is available to social traders. | Use the Top Traders leaderboard to follow experienced crypto investors. Mirror positions on Bitcoin, Ethereum and more for a small charge. |
Social Trading | |
Yes | No |
Trade Signals | |
Only for Platinum and Exclusive accounts | |
VPS Hosting | |
No | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$50 | $0 |
Islamic Account | |
No | No |
Account Currencies | |
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Commodities | |
Forex Trading | |
Expert Option traders can access some of the most popular forex pairs including USD/EUR, GBP/USD and GBP/EUR using binary options contracts that payout up to 95%, well above the industry average of around 85%. | Forex trading not offered |
GBPUSD Spread | |
Variable | |
EURUSD Spread | |
Variable | |
EURGBP Spread | |
Variable | |
Assets | |
6 | |
Cryptocurrency | |
Traders can speculate on Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) price movements using high/low binary options on a proprietary platform. These are three of the most popular cryptocurrencies on the market, but the offering lacks the variety and volatility offered by less popular tokens. | Buy dozens of crypto tokens with one click, or choose between hundreds of tokens to trade on spot markets, with more options than many alternatives. Crypto derivative products include perpetual futures and options. |
Spread | |
$5 on any winning trades | Market maker, derivatives fee: 0.01%, spot fee: 0.1% Market taker: derivatives fee: 0.06%, spot fee: 0.1% |
Coins | |
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Crypto Lending | |
No | Yes |
Crypto Mining | |
No | Yes |
Crypto Staking | |
No | Yes |
Auto Market Maker | |
No | No |
Binary Options | |
Expert Option is a well-known binary options broker providing access to 100 assets with a $5 charge on winning trades. Payouts are competitive and users can speculate on rising or falling prices with one-click in the web-accessible platform. Binaries are aimed at ultra-short-term traders, ranging from 60 seconds to 5 minutes. | Binary options trading not offered |
Payout | |
95% | |
Expiry Times | |
60 seconds - 5 minutes | |
Ladder Options | |
No | No |
Boundary Options | |
Yes | No |
More Comparisons | |
Expert Option vs |
Bybit vs |